You clearly don't understand the difference between SSA/AFA and SSD. Please go away, this nonsense is irrelevant to this stock board, the company you are touting is not even a competitor of Violin.
The shorts are ruling the price action today, just like they did leading up to earnings last quarter.. Last time they covered and the stock went up 40 cents the week of earnings. Let's see if they hold out that long again or if recent institutional ownership will scare them into covering sooner this time.
Name one feature the Concerto 7000 fell short on besides deduplication.. It will be available soon, as promised.
Also VMWare is important because Violin finally has the enterprise features that IT decision makers & buyers look for when implementing VDI.
"why is VMWare so important to VMEM ?"
There are certain types of applications where having the lowest latency and highest speed available is key.. VDI is one of these, for example when you are supporting hundreds or thousands of users in a single farm being able to provision a new VM / Desktop in minutes instead of hours is crucial. It is also important for providing the optimal user experience, imagine 100 people launching their email application at the exact same time at 9am Monday morning and having each open quicker than if the users were using their old stand-alone PC. The ROI is the key selling point though, because an inexpensive thin client can be used to replace a stand-alone PC, which also costs less to maintain and support. Another group of potential customers that they will be looking to sell to are cloud service providers, who will offer VDI on demand among other services for their cloud based customers.
The CUBE is a video blog site.. They interviewed the CMO at the event.
By the way, they also won an award for most innovative flash memory customer implementation at the flash memory summit for the WFA.
At the flash memory summit they did a presentation where they talked about having 2 fortune 500 customers, is this news? Well, apparently they haven't disclosed who these big customers are yet. The video posted by the CUBE can be seen re-posted by Violin on FB.
SSD and other internal storage solutions do not compete with Violin, they deal with storage arrays only. You are desperate sir.
If history repeats we should see a nice run-up into earnings, it might re-test 3.85 between now and then but I expect to see 4.50 or even 5 by the ER.
Guidance is key, management has previously said 2H is where they expect to see the growth from recent product announcements, so in anticipation of this the price "should" go up, but as always it will not be a straight line, there will be ups and downs.
I don't think the last hour was the tipping point, that was more like the aftermath. The actual tipping point happened earlier in the day when the RSI hit 33 (which is way into oversold territory) and it held.
It was a bear raid man, a stupid head fake. Once the "bottom" was in, the shorts all tripped over each other trying to cover and here we are back at 4.
How many terabytes you going to put into a DIMM slot to make SSA obsolete? Maybe this competes with SSD but not SSA. You are comparing apples to oranges man.
Since so many here look at analysts consensus for earnings estimates, it may be reassuring to know that those same analysts have a consensus PT over $6 for VMEM. They seem to know something the market has not yet figured out.
You are trying to make sense of the market, this is not wise. The bearishness now resembles the bearishness before the previous earnings, with no rhyme or reason the RSI fell into the 30s and below and then WHAMO the bulls took over and it had a nice run-up into earnings, again with no news. This stock is easily manipulated.
There are no recent revisions, the last revisions were done 90 days ago after the last quarter's earnings + guidance. I'd say earnings is not as important at this stage as revenue.